Asian stocks rise as record US shutdown nears end
Most Asian markets rose for the second day in a row Tuesday as US lawmakers edged towards ending a record government shutdown. The prospect of an end to the Washington standoff, which…
Business
US to cancel flights as longest govt shutdown drags on
US officials said the scheduled capacity for flights was being cut by 10 percent in 40 busy air traffic areas nationwide on Friday, as the longest government shutdown drags on. Federal agencies…
Drugmaker AstraZeneca profit jumps as US business grows
British pharmaceutical giant AstraZeneca announced surging quarterly profit Thursday on strong sales of cancer drugs and as the group zones in on the United States, pressured by President Donald Trump. Net profit…
Merz backs EU plan to protect steel sector from Chinese imports
Germany supports proposals by the EU to increase tariffs on foreign steel as the bloc struggles with cheap imports, especially from China, Chancellor Friedrich Merz said Thursday. “These proposals are a step…
Crypto giant Coinbase fined in Ireland for rule breaches
Ireland’s central bank imposed a fine of 21.5 million euros ($24.7 million) Thursday on crypto giant Coinbase over transaction monitoring failures, including some potentially linked to criminal activities. The Central Bank of…
Trump unveils deals to lower costs of some weight-loss drugs
US President Donald Trump announced deals Thursday with pharmaceutical giants Eli Lilly and Novo Nordisk to lower the prices of some popular weight-loss drugs, in exchange for relief from threatened tariffs. Both…
US Fed official backed rate pause because inflation ‘too high’
A senior member of the US Federal Reserve on Friday said he voted against cutting interest rates this week because inflation was “too high” for comfort. Kansas City Fed president Jeff Schmid…
Panama wins canal expansion arbitration against Spanish company
Panama’s government won a lawsuit against Spanish company Sacyr, officials said Friday, after the firm claimed it was owed around $2.3 billion for its work expanding the Panama Canal. Sacyr sued Panama…
High price of gold inspires new rush in California
Matt James has collected gold nuggets for years from the hills and riverbeds of California, but as the precious metal’s price soars, he has found an unexpected El Dorado: on social media.…
Most Asian markets rise on lingering trader optimism
Most stocks rose in Asian trade Monday after a busy last week, with optimism supported by another AI-led tech rally on Wall Street. Investors returned from the weekend in relatively good spirits…
